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Listed by Joshua Ramirezof eXp Realty
-
Est. payment /mo
6 Beds
Price Dropped by $10K
8632 S Escanaba AVE Chicago, IL 60617
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Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12741705
Bedrooms 6
Year Built 1905
Annual Tax Amount $3,339
Tax Year 2024
Lot Dimensions 4687
Property Sub-Type Two to Four Units
Property Description
This property is an excellent opportunity for first time homebuyers who want an affordable path to homeownership. This three unit flat is located in a steadily improving neighborhood on the Southeast Side of Chicago and offers strong long term potential. Each unit includes appliances and features a comfortable two bedroom one bathroom layout. For first time buyers, this is an ideal chance to live in one unit and use the rental income from the other two units to help lower your mortgage. All three units are currently occupied by dependable tenants, which also makes this a solid option for investors seeking immediate rental income. The building provides spacious units and there is consistent rental demand in this area. As the neighborhood continues to improve, the property is well positioned for future appreciation. Whether you are purchasing your first home or looking to expand your real estate portfolio, this turn key three flat offers value, stability, and long term opportunity.
Location
State IL
County Cook
Rooms
Basement Unfinished, Full
Interior
Heating Natural Gas, Forced Air
Fireplace N
Exterior
Garage Spaces 2.0
View Y/N true
Building
Sewer Public Sewer
Water Public
Structure Type Aluminum Siding
New Construction false
Schools
School District 299, 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
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